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Global Hand Tools and Accessories Industry
Global Hand Tools and Accessories Market to Reach $23 Billion by 2027 In the changed post COVID-19 business landscape, the global market for Hand Tools and Accessories estimated at US$17.5 Billion in the year 2020, is projected to reach a revised size of US$23 Billion by 2027, growing at a CAGR o...Read more -
Xi’s speech to CIIE inspires confidence
Global multinationals encouraged by remarks about broader access, new opportunities President Xi Jinping’s speech to the fifth China International Import Expo embodies China’s unswerving pursuit of high-standard opening-up and its efforts to facilitate world trade and drive global in...Read more -
Collapse! Discontinued! Layoffs! The entire European manufacturing industry is facing a big shift! Energy bills soar, production lines relocated
European carmakers are gradually shifting production lines A report released by Standard & Poor's Global Mobility, an auto industry research institute, shows that the European energy crisis has put the European a...Read more -
U.S. Hand Tools Market Report 2022-2027: Automotive Industry Driving Market Growth
The US hand tools market is expected to grow at a CAGR of 3.59% during the forecast period 2022-2027 Hand tools are the most conventional and inevitable equipment in the tools industry even today amid the surge in competition with ...Read more -
Choosing the Right Tools for Servicing Cooling Systems
Automobile cooling systems are complex systems that are getting tougher and tougher to diagnose, service and repair. This article by Mike DuBois will offer some information about choosing the right tools and equipment and the kinds of repairs they will allow you to compl...Read more -
What is in a Timing Tools Kit?
Automotive timing tools are mostly available as sets or kits. The set then typically contains a tool for each movable part of the timing system. The contents of timing tools kits are different across manufactures and car types. Just to give you an idea of what's included...Read more -
2022 Analysis of the Development Prospect of China’s Hardware tools Industry
The epidemic has caused European and American consumers to be concerned about personal hygiene, superimposed on the trend of home DIY renovation, making bathroom hardware one of the categories with a sharp increase in demand. Faucets, showers, bathroom hardware accessori...Read more -
High shipping cost will continue until 2023 and the hardware tools export will face new challenges
In the year of frequent supply chain disruptions, global container ship freight rates have soared, and rising shipping costs are putting pressure on Chinese traders. Industry insiders said that high freight rates may continue until 2023, so hardware exports will face mor...Read more -
The USA announced the restoration of 352 tariff exemptions for Chinese imports, including multiple hardware tools categories.
Recently, the Office of the United States Trade Representative (USTR) issued a statement announcing the exemption of 352 tariffs on imported goods from China, including multiple hardware tools categories. And the exemption period is from October 12, 2021 to December 31, ...Read more